NOT LISTED FOR SALE

Estimated Value: $527,189 - $598,000

5 Beds
2 Baths
1,970 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $325,000 $165 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,435/month

9 Days on Market

About This Home

As of July 2017

This two family offers possibilities for both the owner occupant and the investor and consists of a garden style first floor unit with two plus bedrooms and a townhouse style second and third floor unit consisting of three bedrooms. The first floor unit has a large eat in kitchen with laundry, a living room and two bedrooms plus a captive room that could be a third bedroom, office or playroom. The second unit also has an eat in kitchen, a living room and one bedroom on the first level, as well as two bedrooms on the second level. There is also a deck, off street parking and separate utilities and the location offers easy access to downtown Gloucester, the MBTA Commuter Rail and Route 128.

Last Listed By

Mark Ventimiglia

Vadala Real Estate Listed on: 05/15/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,349

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Medical Facility, Laundromat, Highway Access
  • Electric: Circuit Breakers
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Levels: 3
  • Main Lo: C95600
  • Main So: C58300
  • Estimated Sq Ft: 1970.00

Exterior Features

  • Construction: Frame
  • Exterior Features: Deck
  • Foundation: Fieldstone, Brick, Granite
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: R-5
  • Lot: 11
  • Acre: 0.07
  • Lot Size: 3175.00

Multi Family

  • Foundation: 32x23 30x12
  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 10
  • Total Rent_1: 2200
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jul 21, 2017
Sold by
Scott Real Estate Llc
Bought by
Martin Robert J
Seller's Agent
Mark Ventimiglia
Vadala Real Estate
Buyer's Agent
Jennifer Anderson
RE/MAX Beacon
List Price
$319,000
Sold Price
$325,000
Premium/Discount to List
$6,000
1.88%
Total Days on Market
9
Current Estimated Value
$549,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,047
Avg. Annual Appreciation
7.17%
Original Mortgage
$319,113
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 15, 2011
Closed on
Mar 1, 2012
Sold by
Sinagra Hazel E
Bought by
Scott Real Estate Llc
Seller's Agent
Kathryn Tully
Century 21 North East
Buyer's Agent
Mark Ventimiglia
Vadala Real Estate
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%
Original Mortgage
$128,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1992
Sold by
Reboca Joao D and Rreboca Belmira P
Bought by
Sinagra Hazel E

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martin Robert J $325,000 --
Scott Real Estate Llc $160,000 --
Sinagra Hazel E $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Robert J $50,000
Open Martin Robert J $309,450
Closed Martin Robert J $319,113
Previous Owner Sinagra Hazel E $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $325,000 +1.9% $165 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $319,000 0.0% $162 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $319,000 +99.4% $162 / Sq Ft
02/29/2012 02/29/12 Sold $160,000 -20.0% $81 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
09/15/2011 09/15/11 For Sale $199,900 -- $101 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,349 $447,000 $118,600 $328,400
2024 $4,349 $447,000 $118,600 $328,400
2023 $4,484 $423,400 $105,900 $317,500
2022 $4,205 $358,500 $92,100 $266,400
2021 $4,067 $326,900 $83,800 $243,100
2020 $3,859 $313,000 $83,800 $229,200
2019 $3,429 $270,200 $83,800 $186,400
2018 $2,882 $222,900 $83,800 $139,100
2017 $2,700 $204,700 $75,400 $129,300
2016 $2,636 $193,700 $75,400 $118,300
2015 $2,594 $190,000 $75,400 $114,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72164586

MLS Property Information Network (MLS PIN)

APN: GLOU-000035-000011